IncrediMail shares jump on dividend

The share price rose 8.6% on the TASE today after rising 2.6% on Nasdaq on Friday.

IncrediMail Ltd. (Nasdaq:MAIL: TASE:MAIL) will distribute an interim dividend of $0.45 per share, for a total of $4.3 million. The record date is September 20 and the ex-date is October 5.

IncrediMail's share price rose 2.6% on Nasdaq on Friday to $5.22, giving a market cap of $50 million, and rose 8.6% on the TASE today to NIS 20.35.

Published by Globes [online], Israel business news - www.globes-online.com - on September 5, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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